this post was submitted on 12 Oct 2023
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[–] circuitfarmer@lemmy.sdf.org 53 points 2 years ago (1 children)

You mean my not owning a home is not just because I'm a bad person and had too much avocado toast?

[–] A_Toasty_Strudel@lemmy.world 28 points 2 years ago (2 children)

Rent till we die! Yayyyyyy

[–] Melkath@kbin.social 11 points 2 years ago* (last edited 2 years ago)

Honestly, the only reason I want to own is because I have gotten too old, out of shape, and fat to move most of my furniture myself, and I am not sure I can afford a mover, so I want the security that I am on a straight and narrow that doesn't have the constant looming threat of the owner going "yeah... I'm just not gonna renew the lease" even though I am still somehow keeping up with the payments.

[–] agent_flounder@lemmy.one 6 points 2 years ago

Well if the studies are correct that will happen sooner than if you own.

Always a silver lining /s

[–] Guitarist@lemmy.world 18 points 2 years ago (1 children)
[–] Melkath@kbin.social 30 points 2 years ago (1 children)

Yup.

About how old my grandpa was when he bought a plot of land, a shit ton of wood, and a shit ton of concrete and built the house that was sold to pay off his medical debt when he died...

[–] plz1@lemmy.world 16 points 2 years ago (1 children)

...fuck...that's dark. Sorry things swung that way for your family.

[–] Melkath@kbin.social 8 points 2 years ago

I lean on the word "about".

He actually illegally enlisted in the Navy during WWII when he was 16, so it was more like 20/21 when he bought the plot and materials.

Ya, still dark AF. And I also don't think its a rare family story.

[–] trailing9@lemmy.ml 9 points 2 years ago (3 children)

Are they telling their clients to get out of the housing market? That's when things change.

Somebody has to pay for falling housing prices. Should that be negotiated or should it be a game of hot potato?

[–] Spendrill@lemm.ee 12 points 2 years ago

This is Goldman Sachs, they didn't tell their customers to dump the worthless shit bonds they sold them, they actively shorted them!

[–] Franzia@lemmy.blahaj.zone 1 points 2 years ago

Just use inflation to hide the losses from the working class.